Samples 195 g/t Gold in New Golden Valley Vein at Thorn

Brixton Metals Samples 195 g/t Gold in New Golden Valley Vein at Thorn

FULL DISCLOSURE: Canacom Group is long the equity of Brixton Metals.

Brixton Metals (TSXV: BBB) has identified a new high grade gold-copper-silver vein at its wholly owned Thorn project in northwest British Columbia. Rock grab samples from the main outcrop returned between 17.9 and 195 g/t gold.

The Golden Valley Vein sits 17 kilometres south-southeast of the company’s Trapper gold target and 24 kilometres northwest of the past producing Golden Bear mine. Brixton returned to the area this season to follow up on two 2023 grab samples that returned 52.5 g/t and 51.7 g/t gold.

This year’s four samples came from a rusty, northeast-trending massive pyrite-silica outcrop up to 2 metres wide. The outcrop runs for roughly 90 metres before disappearing under surficial cover.

Highlights from the results include:

  • Sample D132341: 195 g/t gold, 147 g/t silver and 4.11% copper
  • Sample D132340: 78.7 g/t gold, 73.5 g/t silver and 0.19% copper
  • Sample D132338: 78.0 g/t gold and 170 g/t silver
  • Sample D132339: 17.9 g/t gold and 69.3 g/t silver

Mineralization also turned up about 400 metres to the south. One sample came from a quartz-pyrite vein that is 0.3 to 1 metre wide and appears to run intermittently for about 500 metres. It returned 23.0 g/t gold, 58.7 g/t silver and 0.54% copper. Another, taken from a discontinuous pyrite-quartz vein near a creek, assayed 32.3 g/t gold and 34.3 g/t silver.

The results confirm high grade gold at surface but don’t yet define its size. Brixton said the vein sits at low elevation and that follow up work is planned for early next season to prepare it for drilling.

The find adds to an already crowded target list at Thorn.

“The challenge here is that there’s so many targets, which one do you put your resources on,” Gary Thompson, chairman and CEO, told The Deep Dive during a visit to the project this summer. “We’ve been still testing new targets… just trying to find that zone that really can fire up this project.”

WATCH: They Just Hit Almost Pure Silver in Canada’s Forgotten Silver Capital | DD-on-the-GO! – Brixton Metals

Thompson said the company is also looking to put the Trapper gold target into a maiden mineral resource estimate after four seasons of drilling there. He estimated that Brixton has put about $75 million into Thorn over roughly 15 years.

“If you’re not drilling holes you’re not making discoveries,” he said. “So you got to get out here and take shots, and every once in a while you get lucky and you get onto a good zone.”

The Thorn update follows Brixton’s latest results from its Langis silver project in Ontario, where hole LM-26-449 returned 23.50 metres of 348 g/t silver from a depth of 203 metres.

Brixton Metals last traded at $0.62 on the TSX Venture.

FULL DISCLOSURE: Canacom Group, the parent company of The Deep Dive is long the equity of Brixton Metals. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security.

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